Economy UK economy will shrink without Brexit deal, IMF warns Updated : September 18, 2018 08:23 AM IST The Fund predicted Britain's economy would grow by about 1.5 percent a year in 2018 and 2019 -- lagging behind Germany and France -- if a broad Brexit agreement was struck. Britain is due to leave the EU in little more than six months' time but London and Brussels have yet to strike a deal to secure a transition period. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.